SHE:300715 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	494.03	680.57	1,787	1,620	1,532	625.36
Cash & Short-Term Investments	518.46	680.57	1,787	1,620	1,532	625.36
Cash Growth	-56.46%	-61.91%	10.28%	5.79%	144.92%	-23.88%
Accounts Receivable	1,990	1,857	2,204	2,069	2,122	1,599
Other Receivables	112.74	129.94	163.25	263.11	279.69	70.78
Receivables	2,103	1,987	2,367	2,332	2,402	1,669
Inventory	364.63	112.23	133.11	142.88	228.69	164.75
Prepaid Expenses	-	38.02	40.29	31.65	45.85	-
Other Current Assets	172.25	69.73	115.91	112.06	120.3	93.95
Total Current Assets	3,158	2,887	4,443	4,239	4,328	2,554
Property, Plant & Equipment	1,276	1,344	1,494	1,367	979.51	718.45
Long-Term Investments	26	26.06	26.14	26.1	12.4	-
Other Intangible Assets	273.45	140.56	144.39	149.25	153.93	127.94
Long-Term Deferred Tax Assets	265.54	252.23	141.92	101.26	61.72	26.01
Long-Term Deferred Charges	5.27	3.93	4.63	0.21	0.32	0.59
Other Long-Term Assets	428.93	421.99	270.55	259.21	91.76	52.05
Total Assets	5,787	5,076	6,524	6,142	5,628	3,479
Accounts Payable	934.72	755.55	1,014	878.32	955.48	770.23
Accrued Expenses	13.8	129.16	129.54	129.03	188.91	170
Short-Term Debt	910.64	882.43	1,100	1,182	695.55	739.86
Current Portion of Long-Term Debt	142.49	219.44	318.09	180.77	81.61	-
Current Portion of Leases	-	3.24	3.19	5.57	4.24	-
Current Income Taxes Payable	63.33	3.08	7.3	3.37	18.97	28.61
Current Unearned Revenue	350.98	174.95	86.25	103.92	87.95	76.73
Other Current Liabilities	207.53	207.76	196.91	168.38	109.33	132.67
Total Current Liabilities	2,624	2,376	2,855	2,652	2,142	1,918
Long-Term Debt	1,066	861.3	1,179	1,063	604.2	209.78
Long-Term Leases	3.56	1.05	1.15	3.97	2.99	-
Long-Term Unearned Revenue	49.83	51.49	54.53	52.03	42.72	14.25
Long-Term Deferred Tax Liabilities	20.56	0.01	0.15	-	-	-
Other Long-Term Liabilities	0.22	0.22	0.98	3.87	18.76	-
Total Liabilities	3,764	3,290	4,091	3,775	2,811	2,142
Common Stock	378.06	378.06	384.91	384.91	389.92	170.91
Additional Paid-In Capital	1,943	1,887	1,980	1,942	1,953	620.65
Retained Earnings	-398.74	-425.15	161.77	139.13	525.8	556.32
Treasury Stock	-63.47	-63.47	-101.23	-101.23	-54.19	-11.43
Total Common Equity	1,859	1,777	2,425	2,365	2,815	1,336
Minority Interest	164.59	9.77	8.22	2.39	2.33	-
Shareholders' Equity	2,023	1,786	2,433	2,367	2,817	1,336
Total Liabilities & Equity	5,787	5,076	6,524	6,142	5,628	3,479
Total Debt	2,123	1,967	2,601	2,436	1,389	949.64
Net Cash (Debt)	-1,604	-1,287	-814.61	-815.39	143.03	-324.28
Net Cash Per Share	-4.15	-3.46	-2.16	-2.15	0.40	-1.06
Filing Date Shares Outstanding	370.27	370.27	378.06	378.06	389.92	307.63
Total Common Shares Outstanding	370.27	370.27	378.06	378.06	389.92	307.63
Working Capital	534.79	511.63	1,588	1,587	2,186	635.45
Book Value Per Share	5.02	4.80	6.41	6.26	7.22	4.34
Tangible Book Value	1,232	1,636	2,281	2,216	2,661	1,209
Tangible Book Value Per Share	3.33	4.42	6.03	5.86	6.82	3.93
Buildings	-	956.59	1,008	558.89	495.91	289.32
Machinery	-	781.46	756.42	663.55	473.98	276.61
Construction In Progress	-	4.24	22.25	343.74	138.54	240.54

Source: S&P Global Market Intelligence. Standard template. Financial Sources.